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Turkmenistan's State Exchange fosters key deals in petrochemical sector

Business Materials 8 April 2025 12:27 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, April 8. On Monday, April 7, during trading at the State Commodity and Raw Materials Exchange of Turkmenistan (GTSBT), petrochemical products were successfully sold, Trend reports.

Entrepreneurs from Uzbekistan and the UAE concluded a deal with the State Concern Turkmennebit for the purchase of road bitumen brand BND 60/90 and automotive gasoline brand ECO-93.

Representatives of Turkmenistan's business community acquired polypropylene TPP D 30 C from the State Concern Turkmennebit.

A total of three transactions were made during the trading session, amounting to 400,000 manat ($114,000) on the domestic market and $6.95 million on the international market.

Founded in 1994, the State Commodity and Raw Materials Exchange of Turkmenistan (GTSBT) is a key platform in the country’s economy, overseeing export-import activities and ensuring transparent transactions. It supports trade in sectors such as petrochemicals, agriculture, textiles, and construction materials, while boosting international partnerships and attracting foreign investment.

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